INEOS and Norwegian recycling company Recuro have signed a Memorandum of Understanding to develop a state-of-the-art advanced recycling facility at INEOS’ Bamble polymer site in Norway. Once commissioned, the plant will process up to 33,000 metric tonnes of end-of-life plastic waste annually, supporting the availability of recycled feedstocks needed to meet the EU’s Packaging and Packaging Waste Regulation (PPWR) requirements.
The initiative, named ‘Full Circle’, is designed to combine environmental responsibility with economic viability by recycling waste using existing industrial infrastructure, land and services, an approach that reduces both the associated costs and overall environmental footprint.
Powered entirely by renewable Norwegian energy, the plant will be designed to operate with minimal emissions and utilize advanced pyrolysis technology, which maximizes the recovery of embedded carbon from plastic waste by retaining both the oil and gas fractions produced during recycling for further use, rather than diverting them to energy generation. Carbon is essential for producing the materials used in everyday products, and keeping carbon-based materials such as plastics in circulation is key to reducing overall CO₂ emissions.
